Sogongyeon, LPG Association, and Others Sign MOU to Expand Eco-Friendly LPG Cargo Truck Distribution

Small Business Federation, Korea LPG Association, and Korea Gas Sales Association Sign Business Agreement
[Photo by Small Business Federation]

[Asia Economy Reporter Kwak Min-jae] To expand the distribution of eco-friendly LPG cargo trucks, the LPG industry and the Korea Federation of Small and Medium Business (KSMB) have joined hands.

On the 20th, the KSMB announced that it signed a "Business Agreement to Expand the Distribution of LPG Cargo Trucks for Small Business Owners" with the Korea LPG Association and the Korea Gas Sales Business Federation at the KSMB conference room in Yeouido, Seoul.

Through this agreement, the three organizations will join forces in promotional activities to expand the distribution of eco-friendly LPG cargo trucks, which have a significant effect on reducing fine dust, and mutually support policy activities such as related system improvements.

The "LPG Cargo Truck New Vehicle Purchase Support Project" implemented by the Ministry of Environment provides a subsidy of 2 million KRW when purchasing a new LPG cargo truck after scrapping a diesel vehicle. Including the early scrapping subsidy of 3 million KRW, benefits of up to 5 million KRW can be received. In particular, livelihood-type vehicle owners such as small business owners can receive early scrapping subsidies of up to 6 million KRW.

Attending the signing ceremony were Oh Se-hee, President of the KSMB, Lee Pil-jae, President of the Korea LPG Association, and Kim Im-yong, President of the Korea Gas Sales Business Cooperative Federation.

Oh Se-hee, President of the KSMB, said, "The main consumers of cargo trucks are small business owners, and the LPG cargo truck project is expected to be a great help to small business owners who find it difficult to replace vehicles due to economic burdens."

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